David McMillan's complex commercial litigation practice centers on high-profile securities industry financial fraud cases. Since 2010, David has worked extensively on the ongoing liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS) in connection with BakerHostetler’s role as court-appointed counsel to the Securities Investor Protection Act (SIPA) Trustee, Irving H. Picard. Assisting the SIPA Trustee in his efforts to recover assets for BLMIS customers with allowed claims, David has played an active role in the analysis and deconstruction of the BLMIS books and records, he has drafted pleadings to initiate multimillion dollar lawsuits against both domestic and international defendants, and he has litigated a range of securities and bankruptcy-related issues in the ongoing liquidation proceeding, including those involving exotic financial products such as swaps and derivatives. In addition, David has also worked on a high-profile matter involving derivatives trading losses at a major international bank, giving him a solid understanding of the mechanics of securities trading and various legal issues affecting investment banks, hedge funds, and other industry participants. David is a strategy-driven, pragmatic, and focused litigator who aims to deliver cost-effective and committed representation in every case.
David is a contributor to BakerHostetler's IP Intelligence Report, as well as the Class Action Lawsuit Defense blog.